Callan JMB Expands Equity Purchase Facility to $75 Million, Updates Registration Rights

Callan JMB amended its equity financing arrangements, expanding its equity line of credit to $75 million and updating related registration rights. The amended purchase agreement permits $0.5–$2.0 million draw notices at discounts to market, subject to a $1.00 floor price, a 4.99% ownership cap, and a term through April 1, 2027 or until the full amount is purchased. It includes a potential $250,000 termination fee if less than $7.5 million is sold, subject to exceptions. A separate amended registration rights agreement requires filing an initial Registration Statement within 30 days and imposes 25,000-share penalties for missed filing or effectiveness deadlines.

Agreement 1: Callan JMB Expands Equity Purchase Facility to $75 Million With Investor

• Agreement type: First Amended and Restated Equity Purchase Agreement (ELOC) up to $75 million
• Counterparty: Investor
• Signed / Effective: Aug 18 2026 / same
• Duration / Termination: Through earlier of Apr 1 2027 or $75M purchased
• Reason: Enhance liquidity and financing flexibility

Agreement 2: Callan JMB Updates Registration Rights to Cover Expanded $75 Million Facility

• Agreement type: First Amended and Restated Registration Rights Agreement
• Counterparty: Investor
• Signed / Effective: Aug 18 2026 / same
• Duration / Termination: At will
• Reason: Enable resale registration for expanded facility

Original SEC Filing: CALLAN JMB INC. [ CJMB ] - 8-K - Aug. 20, 2026